Anonymous wrote:
Anonymous wrote:Tourist here. Seems like hotels in the Financial District have pretty steady pricing. You might consider rewards point impact.
I have stayed in many average/normal chain hotels. I also lived for 3 months in a hotel in Singapore at corporate expense.
This one is cheap, new, nice and convenient. Hotel Indigo at Trinity Place. Has microwave, mini fridge, 7-11 two blocks away and some cheap breakfast places. IKEA-like cabinetry and fancy bathroom. Subway entrance right across the street.
https://www.ihg.com/hotelindigo/hotels/us/en/new-york/nycwl/hoteldetail
“Cheap”? With taxes it comes out to $300 per night. NP
PP. Have you priced a house in Besthesda? Have you priced an apartment in NYC? People that live in these places are used to big ticket expenses.
I live in flyover country now and I'm female (so have safety concerns when living in urban areas) and I think it's a good value. Many of the travelers on this site seem to think this category of hotel is trashy. And many of the hotels in the up to $500 a night category in NYC are subpar compared to suburban brethren in terms of how new their appointments are and how clean they are. Like in terms of small gross things like dirty grout or washed blood stains on sheets (very common in the $200-$300 price category across the cities I've traveled to).
$1,200/mo isn't crazy and I bet at some point the rewards point engine would start kicking in free nights.
I'm also assuming this job is at least in the $100K-$200K pay range. Plus it has great content.
People do unusual things to get and keep a great job.
I keep running across examples of LA people commuting by air to SF because of real estate costs and family issues. They also rely on low cost carriers and rewards points.
There are of course cheaper options. Finding an apartment owner or roommate or hostel that can work would be possible. But I think this hotel is "cheap" or "good value". And wouldn't be depressing. When you are living away from home, it helps to feel comfortable during your downtime.
Something to think about when paying more in expenses to get employed/stay employed is that continuous work history and career trajectory maintains your marketability. When I had small kids, I paid for more for daycare annually than what OP might pay to stay at this hotel one night a week for a year. Compared to MBA classmates who left corporate work to stay home for a few years, I am much financially better off. They would work more if they could get back in to lucrative corporate high-paying jobs but there are a lot of barriers. Doesn't make sense and isn't fair but that seems to be the way things play out for modestly connected or unconnected people.